Dry bulk shipowner: We beat the market by far

Dry bulk carrier Pacific Basin only eyes moderate improvements in the market entering the second quarter, but the company is pleased with the earnings from the first three months of the year.

BY OLE ANDERSEN

Hong Kong-listed dry bulk carrier Pacific Basin only eyes marginally improved market conditions entering the second quarter of 2015, says the carrier in a statement for the first quarter.

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Dry bulk shipowner: We beat the market by far

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Pacific Basin hit with huge deficit from weak market

Dry bulk meltdown could be a mere first warning

Analysts: This is the strongest dry bulk carrier

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs